Travel Weekly's Cruise E-Letter: Nov. 27, 2007

NCL CORP. blamed its euro-denominated debt for its $8.6 million loss in the third quarter. The company said that due to poor exchange rates, its third-quarter interest expense had increased 25%, to $42.6 million. Colin Veitch, president and CEO of NCL Corp., said that despite the loss, pricing and demand were improving in the Caribbean and Hawaii. These improvements have contributed to our overall fourth-quarter booking levels and ticket prices being up versus levels achieved at the same time last year, Veitch said.

BOB DICKINSON will host America's Vacation Center's online Travel Executive Forum on Tuesday, Nov. 27 at 3 p.m. EST. It will be one of Dickinson's last speaking engagements before officially retiring as president and CEO of Carnival Cruise Lines at the end of December. AVCs online presentations are open to the first 1,000 agents that register at www.travelexecutiveforum.com.

CARNIVAL CORP. and a local developer on the Honduran island of Roatan broke ground on a joint venture cruise port on Roatan. The facility will be the Central American countrys largest cruise port when it opens in summer 2009. The port will be able to accommodate two post-Panamax ships at a two-berth terminal and handle 7,000 passengers and 2,000 crew members daily. Located in Dixon Cove on the southwest coast of the island, the 20-acre site will also have a welcome center for tourists and a shopping area.

HOLLAND AMERICA LINE will deploy three ships in South America in 2009, the line's largest deployment to date in the region. HAL will offer 18 cruises ranging from 13 to 68 days on the Statendam, the Prinsendam and the Amsterdam, with overnight stays in several ports. Richard Meadows, HAL's executive vice president of marketing, sales and guest programs, said that the cruise line would "offer the most extensive program in the region of any major cruise line."

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